$98 per barrel oil

kontiki wrote in
:

Judah wrote:


Furthermore, it has been documented that oil companies and oil
refineries were absorbing some of the increased costs of oil when all
of this started in 04 and 05... However, it has also been documented
that oil companies have increased their profit margins substantially
since that time. San Francisco Chronicle, for example, reported in
March that oil refineries had DOUBLED their profit margins...

Obsessing with profit margins of various companies doesn't solve
any problems. That seems to be the only problem that anyone really
worries about theses days though. Pretty sad.

No, but it provides evidence to those who claim that the poor-old-oil
companies are not benefiting from the price gouging that they are so artfully
executing.

What's the solution to the problem, then?